Section 129.15. Grant payments.

  The grantee shall be paid the state share of those eligible project costs which have prior department approval in the following installments:

(1)  75% of the state share of eligible costs shall be paid to the grantee within 60 days after the department has conducted a final audit and has determined the final audited eligible costs. A final audit shall be conducted within 60 days after the mapping has been completed and approved by the grantee and the department.

(2)  25% of the state share of eligible costs shall be paid to the grantee within 60 days after the grantee has adopted, by ordinance, the map(s) developed as a result of the grant project; and has also adopted department-approved flood plain and shoreland ordinances or amendments which the department has determined to be necessary under chs. NR 115 and 116 .

History: Cr. Register, May, 1980, No. 293 , eff. 6-1-80; renum. from NR 129.12, Register, April, 1983, No. 328 , eff. 5-1-83.